Australia is experiencing record levels of inflation as a result of knock-on effects from the COVID-19 pandemic, the war in Ukraine and strong consumer demand. We are set to forecast up to 8% by Dec 2022. In Australia, the most significant price hikes have been in dwelling purchases by owner-occupiers, automotive fuel, furniture and fruit
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PAUL GERVASI If you haven’t met Paul yet, he is part of our expansion (and happens to be Nikki’s dad). Paul has now joined with his daughter and united on an aggressive plan for further growth. Paul has planted his flag firmly in the commercial space here at Nicole Gervasi Property Group after running a successful City
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“Home is where the heart is”, goes the saying. And selling a beloved home can feel like years of memories and a neighbourhood of friendships have been taken away. If the sale involves a life change, every twist of the process can feel like more salt in the wound. Selling your home can be bittersweet
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To buy a new house or sell your existing house first is the classic real-estate conundrum, but there are some key drivers you should be aware of that could help you work out what’s right for you. It comes down to what the market is up to & your financial position. The best place to
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As the price of goods and services increases, the overarching theme of the 2022/23 Federal Budget will be about combating the rising ‘cost of living’ pressures. For property markets this means addressing housing and rental affordability. The Reserve Bank of Australia (RBA) will combat strong inflation growth, later in the year, by following the lead
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By all accounts, Australia’s housing market has a tough act to follow in 2022. Dwelling values soared 22.2 per cent nationally this year – the largest annual increase since 1989, fuelled by ultra-low interest rates, high household savings, government stimulus and relatively low listings. The estimated value of Australia’s residential real estate lifting from $7.2
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Written by Andrew D’Aprano, part of the Nicole Gervasi Team March 2020 began the heightened use of the C word, Covid-19. The world’s economy was shut down almost overnight and the pandemic had confronted the hospitality industry with a huge challenge. Those that know me, the title of this article is obvious; for those
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What are buyer and seller real estate markets? Anyone who has studied the property market, knows at different times, the scales tip in favour of buyers or sellers, but what does this actually mean, how does it impact you as a buyer or seller and what happens if the market is neutral and no one
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For many people, owning a home brings a sense of pride and freedom that cannot be matched by renting. When you own your own home, you aren’t bound by a landlord’s rules, and your monthly payments are building equity. Although buying a home may be the first step you take toward building long-term wealth,
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